SOL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.02 per $10,000 · paid last 24h +0.002%

Price spread now: Polymarket Perps against Lighter RH−0.065%7-day average +0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$17as in the Funding arb table

Net, price: spread back to 7d avg − costs−$19as in the Price arb table

costs, in and out, $10k−$120.119% of the position

Long on Lighter RH Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.055%−$6 on $10k

Price spread, last 7 days+0.033%+$3 · spread now −0.065%, 7d avg +0.002%

Together, before fees−0.022%+ Points / potential airdropLighter RH: Points live · farm board−$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. Polymarket Perps is 0.067% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.065% now, against its 7-day average of +0.002%). If the spread goes back, that is −$7 on $10k: about 11 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.055%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH SOL	116.14	0.0080	pay 0.0010% / 1h	19m 45s	$2.2M	$16.8M	25x
Short	Polymarket Perps SOL-USD	116.07	0.0100	get 0.0013% / 1h	19m 45s	$314K	$2.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Lighter RH. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Lighter RHbpFee Polymarket PerpsbpOrdersPrice spread, now −0.065%Rate

Funding earned: $4.2
Price spread: −0.065% → +0.002%: −$6.69
Slippage, 4 orders: −$3.94
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$14.43
Costs to cover: 0.119%
Break-even: 31.1 days

Slippage from Lighter RH: live order book, 4 min ago; Polymarket Perps: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Lighter RH live order book, 4 min ago	0.34 bp	0.9 bp −$1	1.3 bp −$13	15.8 bp −$1,583	doesn't fit
Sell Polymarket Perps live order book, 4 min ago	0.43 bp	4.4 bp −$4	6.5 bp −$65	doesn't fit	doesn't fit

SOL on 55 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_SOLUSD	−0.0153%	1h	116.17	+0.020%	$32.4M	$107.0M	100x	as long as short
Bybit SOLUSDT	−0.0103%	8h	116.16	+0.009%	$733.2M	$1.43B	100x	as long as short
Hibachi SOL/USDT-P	−0.0096%	1h	116.06	−0.076%	$100K	$675K	20x	as long as short
Hotstuff SOL-PERP	−0.0080%	1h	116.20	+0.044%	$1K	$8K	25x	as long as short
Derive SOL-PERP	−0.0075%	1h	116.00	−0.126%	$1.8M	$3.0M	13x	as long as short
Injective SOL/USDC PERP	−0.0055%	1h	116.36	+0.185%	$4K	$2K	12x	as long as short
Vest SOL-PERP	−0.0046%	1h	116.04	−0.089%	—	$756K	20x	as long as short
gTrade (Gains Network) SOL/USD	L −0.0001% / S +0.0004%	1h	116.17	+0.021%	$42K	—	150x	as long as short
Kalshi KXSOLPERP	0.0000%	8h	116.13	−0.010%	$1.4M	$19.3M	3.1x	as long as short
Perpl SOL	0.0000%	43m	116.08	−0.057%	$99K	$3.5M	8.3x	as long as short

Show all 55 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX SOL-USD	+0.0005%	1h	116.04	−0.093%	$4.3M	$23.5M	20x	as long as short
Bitget SOLUSDT	+0.0022%	8h	116.17	+0.017%	$479.3M	$456.3M	100x	as long as short
Deribit SOL_USDC-PERPETUAL	+0.0030%	1h	116.18	+0.033%	$26.3M	$21.6M	50x	as long as short
Coinbase International SOL-PERP-INTX	+0.0048%	1h	116.15	+0.004%	$7.8M	$398.9M	50x	as long as short
Aster SOLUSDT	+0.0049%	8h	116.17	+0.022%	$177.1M	$168.8M	100x	as long as short
01 Exchange SOLUSD	+0.0064%	1h	116.13	−0.013%	$100K	$181K	20x	as long as short
SoDEX SOL-USD	+0.0065%	1h	116.13	−0.013%	$6.1M	$11.0M	20x	as long as short
Orderly PERP_SOL_USDC	+0.0071%	8h	116.12	−0.020%	$1.0M	$5.9M	100x	as long as short
Lighter RH SOLlong	+0.0080%	1h	116.14	long leg	$2.2M	$16.8M	25x
Paradex SOL-USD-PERP	+0.0094%	8h	116.05	−0.079%	$1.0M	$554K	50x	as long as short
Lighter SOL	+0.0096%	1h	116.14	−0.007%	$13.1M	$60.9M	25x	as long as short
Aevo SOL-PERP	+0.0096%	1h	116.12	−0.020%	$350K	$257K	20x	as long as short
Katana Perps SOL-USD	+0.0100%	8h	116.04	−0.090%	$64K	$912K	20x	as long as short
Nado SOL-PERP	+0.0100%	1h	116.03	−0.099%	$5.4M	$41.6M	40x	as long as short
Hyperliquid SOL	+0.0100%	1h	116.25	+0.090%	$695.9M	$408.3M	20x	as long as short
Pacifica SOL	+0.0100%	1h	116.04	−0.090%	$15.6M	$130.3M	20x	as long as short
Binance SOLUSDT	+0.0100%	8h	116.18	+0.032%	$960.4M	$3.87B	100x	as long as short
OKX SOL-USDT-SWAP	+0.0100%	8h	116.18	+0.030%	$366.0M	$1.77B	100x	as long as short
Ondo Perps SOL-USD.P	+0.0100%	1h	115.98	−0.142%	$224K	$842K	10x	as long as short
Arcus SOL-USD	+0.0100%	1h	116.08	−0.059%	$922K	$8.5M	20x	as long as short
Gate SOL_USDT	+0.0100%	8h	116.19	+0.039%	$842.8M	$668.1M	100x	as long as short
MEXC SOL_USDT	+0.0100%	8h	116.19	+0.039%	$371.0M	$1.07B	300x	as long as short
KuCoin SOLUSDTM	+0.0100%	8h	116.19	+0.039%	$129.2M	$236.2M	75x	as long as short
BingX SOL-USDC	+0.0100%	8h	116.13	−0.012%	—	$10.7M	—	as long as short
Backpack SOL_USDC_PERP	+0.0100%	1h	116.15	+0.004%	$22.8M	$35.6M	50x	as long as short
Variational Omni SOL	+0.0100%	8h	115.97	−0.147%	$24.8M	$107.4M	—	as long as short
edgeX SOLUSDC	+0.0100%	4h	115.98	−0.145%	$93.1M	$406.0M	75x	as long as short
GRVT SOL_USDT_Perp	+0.0100%	8h	116.07	−0.065%	$47.5M	$28.9M	20x	as long as short
ApeX Omni SOLUSDT	+0.0100%	1h	116.07	−0.065%	$1.2M	$6.8M	50x	as long as short
StandX SOL-USD	+0.0100%	1h	116.07	−0.065%	$1.3M	$11.5M	30x	as long as short
Polymarket Perps SOL-USDshort	+0.0100%	1h	116.07	−0.065%	$314K	$2.8M	20x
Bullet SOL-USD	+0.0100%	1h	116.08	−0.057%	$284K	$1.7M	20x	as long as short
Bluefin SOL-PERP	+0.0100%	1h	116.10	−0.038%	$26K	$36K	25x	as long as short
SunX SOL-USDT	+0.0100%	8h	116.08	−0.056%	$189K	$1.7M	30x	as long as short
HTX SOL-USDT	+0.0100%	8h	115.97	−0.147%	$224.6M	$50.7M	75x	as long as short
Phemex SOLUSDT	+0.0100%	8h	116.12	−0.022%	$45.1M	$104.3M	50x	as long as short
Bulk SOL-USD	+0.0100%	1h	116.35	+0.177%	$125.8M	$26.4M	20x	as long as short
Extended SOL-USD	+0.0104%	1h	116.12	−0.017%	$8.2M	$37.0M	50x	as long as short
Jupiter Perps SOL-PERP	L +0.0120% / S +0.0056%	1h	116.08	−0.054%	—	$236.1M	500x	as long as short
Phoenix SOL	+0.0130%	1h	116.17	+0.022%	$6.5M	$13.6M	25x	as long as short
Reya SOLRUSDPERP	+0.0196%	1h	116.05	−0.084%	$1.1M	$545K	25x	as long as short
BloFin SOL-USDT	+0.0220%	8h	116.03	−0.099%	$52.1M	$65.3M	125x	as long as short
GMX SOL/USD [SOL-USDC]	L +0.0231% / S −0.0169%	1h	116.15	+0.004%	$3.5M	—	200x	as long as short
Aftermath Perps SOLUSD	+0.0461%	1h	116.14	−0.005%	$25K	$57K	20x	as long as short
RISEx SOL/USDC	+0.0485%	1h	116.13	−0.012%	$2.1M	$4.8M	20x	as long as short